$607,000 - $659,000
RENTED AUG 1, 2024

5051 E Desert Forest Trail Cave Creek, AZ 85331

Desert View Neighborhood
4 Beds
4 Baths
2,304 Sq Ft
$274 Price per Sq Ft

Last Sold June 07, 2024

Last sale price $600,000 $260 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,482/month

About This Home

As of June 2024

Welcome to this exquisite 4-bedroom, 3.5-bath home spanning over 2,300 sq ft, located in the heart of Rancho Paloma. Arguably one of the finest homes in the neighborhood, it features 3 bedrooms and 2 baths upstairs, with an additional bedroom and 1.5 baths downstairs. Enjoy the brand-new carpet installed throughout the entire upstairs and staircase. The spacious kitchen, primary bedroom, living room, and family room offer plenty of room for comfort and entertainment. The tranquil backyard is a true retreat, complete with a gas fireplace, built-in BBQ, and newly updated synthetic grass, perfect for relaxing or hosting gatherings. This home is a blend of elegance and functionality, ready to be your new sanctuary.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jun 7, 2024
Sold by
Kurtz Margaret Ann and Swanson Steven Christopher
Bought by
Jung Peter Michael
Seller's Agent
Derek Habbeshaw
AZ Residential Management LLC
Buyer's Agent
Nancy Kuzelka
ECLAT Real Estate
Sold Price
$2,795
Views
45
Current Estimated Value
$630,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,996
Avg. Annual Appreciation
5.24%
Original Mortgage
$420,000
Outstanding Balance
$416,580
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$214,211

Purchase Details

Listed on
Nov 27, 2018
Closed on
Apr 24, 2019
Sold by
Kb Home Sales Phoenix Inc
Bought by
Kurtz Margaret Ann and Swanson Steven Christopher
Seller's Agent
Kristine Smith
KB Home Sales
Buyer's Agent
Kristine Smith
KB Home Sales
List Price
$357,990
Sold Price
$357,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$320,309
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jung Peter Michael $600,000 Old Republic Title Agency
Kurtz Margaret Ann $357,990 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Peter Michael $420,000
Previous Owner Kurtz Margaret Ann $319,546
Previous Owner Kurtz Margaret Ann $320,309
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $2,795 -3.5% --
06/27/2024 06/27/24 Price Changed $2,895 -3.3% $1 / Sq Ft
06/19/2024 06/19/24 Price Changed $2,995 -9.1% $1 / Sq Ft
06/12/2024 06/12/24 For Rent $3,295 0.0% --
06/07/2024 06/07/24 Sold $600,000 0.0% $260 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
02/18/2024 02/18/24 Price Changed $600,000 -4.6% $260 / Sq Ft
02/01/2024 02/01/24 Price Changed $629,000 -1.6% $273 / Sq Ft
01/26/2024 01/26/24 Price Changed $639,000 -1.5% $277 / Sq Ft
01/11/2024 01/11/24 For Sale $649,000 +81.3% $282 / Sq Ft
04/25/2019 04/25/19 Sold $357,990 0.0% $155 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $357,990 0.0% $155 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
12/14/2018 12/14/18 Price Changed $357,990 0.0% $155 / Sq Ft
11/27/2018 11/27/18 For Sale $358,041 -- $155 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,608 $24,363 -- --
2024 $1,346 $23,203 -- --
2023 $1,346 $43,360 $8,670 $34,690
2022 $1,308 $34,530 $6,900 $27,630
2021 $1,394 $33,400 $6,680 $26,720
2020 $1,362 $31,200 $6,240 $24,960
2019 $1,314 $25,250 $5,050 $20,200
2018 $32 $1,275 $1,275 $0
2017 $31 $585 $585 $0
Source: Public Records

Agents Affiliated with this Home

  • Derek Habbeshaw

    Seller's Agent in 2024

    Derek Habbeshaw

    AZ Residential Management LLC

    (480) 315-1240

    38 Total Sales

    Derek Habbeshaw
    Section Image
  • Gregg Hayes

    Seller's Agent in 2024

    Gregg Hayes

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 818-5057

    1 in this area

    31 Total Sales

    Gregg Hayes
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    James Dieter Fischer

    AZ Residential Management LLC

    (480) 297-4592

    James Dieter Fischer
    Section Image
  • Nancy Kuzelka

    Buyer's Agent in 2024

    Nancy Kuzelka

    ECLAT Real Estate

    (602) 339-4332

    5 Total Sales

    Nancy Kuzelka
    Section Image

  • A

    Buyer's Agent in 2024

    Andy Wenman

    eXp Realty

    (602) 525-3224

    1 in this area

    14 Total Sales

    Andy Wenman
    Section Image

  • K

    Seller's Agent in 2019

    Kristine Smith

    KB Home Sales

    (602) 282-9325

    412 Total Sales

    Kristine Smith
    Section Image
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Map

Arizona Maricopa County Cave Creek 85331 Desert View

5051 E Desert Forest Trail, Cave Creek, AZ

This home is located at 5051 E Desert Forest Trail, Cave Creek, AZ 85331 and is currently estimated at $630,791, approximately $273 per square foot. 5051 E Desert Forest Trail is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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